The housing market in Lake Belt, MN is thriving. The median value for a house is currently $178,600 which is lower than the US median value of $338,100. In the past year the US has seen a house appreciation of 8.27%, but in Lake Belt, MN that number is even higher at 9.54%. This signifies an increased demand for real estate in the area and makes Lake Belt, MN an attractive place to invest in property.
The median home cost in Lake Belt is $178,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lake Belt is up 14.7%.
Average Age of Homes
- The median age of Lake Belt real estate is 65 years old
The Rental Market in Lake Belt
- Renters make up 15.7% of the Lake Belt population
- 0.0% of houses and apartments in Lake Belt, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.